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The DigiByte (DBG) is a payments focused project that was launched in 2014 by Jared Tate. In a nod towards Bitcoin, the genesis block of the DigiByte blockchain contains a headline, "USA Today: 10/Jan/2014, Target: Data stolen from up to 110M customers".
DigiByte claims to be faster, more secure and more innovative in several ways than its competitors. The project has undergone several hard forks, each bringing with some significant changes to the network.
One of these hard forks brought about a feature that the projects highlights prominently: the use of five cryptographic algorithms to prevent mining centralization. One of these is Odocrypto, implemented recently in July 2019, which changes itself every 10 days. Two other hard forks brought DigiShield and MultiShield, which the team says protects the network from malicious attacks.
The team has also said that the Internet of Things (IoT) and Artificial Intelligence are two areas of innovation that they will be looking into in the future.
2019 saw two major updates to the project: the release of DigiAssets and the aforementioned Odocrypt hard fork. DigiAssets is a secure second layer protocol that “allows for the decentralized issuance of assets, tokens, smart contracts, digital identities and more.” The belief is that it will help DigiByte become a bigger presence in a variety of industries.
Q3 and Q4 2019 is expected to bring listings on more exchanges, scheduling of mobile payments, the launch of more ICOs and Dapps on the DigiByte blockchain, and browser and messaging applications.
15 May 2020 2 minute read 0 comments Tako7
One of the main things I want to do with my twitter is to reward participation with my tweets from time to time! It gives me a chance to give back to you all and support the people who support me and my message. I'll be doing bounties, games, and cha...
10 May 2020 5 minute read 0 comments ChangeNOW
DigiByte is one of the oldest community driven open-source blockchain projects which was created in 2013. It is also the first blockchain to fork from Proof-of-Work(PoW) algorithm to multi-algorithm mining. Like a lot of cryptocurrencies, DigiByte is...
10 May 2020 6 minute read 0 comments ChangeNOW
Our world is changing every second. Bitcoin was the first cryptocurrency that got global media coverage. But it is also thought to be a total disaster for digital asset technology. So, we were looking for an alternative for years and many developers...
10 May 2020 1 minute read 0 comments WhaleTailMining
I was browsing Reddit this morning and I stumbled upon a Redditor's question. That question being; Where are Scrypt Algorithm miners directing their hash rate in May 2020? I found this to be an interesting question, and I provided my conclusion that...
9 May 2020 3 minute read 0 comments Kavi
What is DigiByte? An open source blockchain which works on decentralised UTXO . Digibyte is the truely decentralised digital currency which is created for peer to peer transaction to fulfil the needs of fastest ,secure and scalable payment solutio...
9 May 2020 14 minute read 0 comments Cryptoonestop
Sign up for a free weekly newsletter. “Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastructural central point of failure) but they are logically centralized (there is one commonly agreed...
3 May 2020 6 minute read 1 comment ChangeNOW
DGB is an open source-based blockchain platform that claims to be running the longest blockchain in the world, and that’s due to its more rapid block time. It is also one of the older classes of cryptocurrencies that have experienced some extremely d...
2 May 2020 1 minute read 2 comments Hippos4ever
In this article I will try to display to everyone reading why white hat hackers are a important part of the crypto ecosystem. I will be providing a summary experience one can get by reading this reddit I found related to the currency DGB (or Digibyte...
2 May 2020 1 minute read 0 comments MrBitcoin
What is Digibyte? Digibyte is a Mineable Coin. DigiByte is a 100% Proof of Work (PoW) blockchain that can be mined with five algorithms called Sha256, Scrypt, Skein, Qubit and Odocrypt. MultiAlgo mining contributes to decentralization, security of t...
24 Apr 2020 1 minute read 2 comments CryptoPk
As of today, The crypto market has formed a bullish trend and all top coins are up with DGB (Digibytes) with more than 39.24% and Cardano (ADA) listed on top 13 is above more than 18% in past 24 hours. Tezos being in the top 10 is also up more than 1...
